Market Views
Views and analysis on Capital & Money Markets
Fidelity Bank: Write-back supports earnings growth
Fidelity Bank Plc continued its decent run in 2019, recording double-digit growth in gross earnings (+15.87%).
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Dangote Cement: Feeling the heat of a slowing Nigerian market
Dangote Cement 9M 2019 Revenue declined 0.7% y/y to N467.7 billion, coming below our FY 2019 forecast of N933.1 billion.
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Agriculture: Looking beyond the provision of finance
Brazil's Ambassador to Nigeria said Brazil has set aside N36 billion for the promotion of agribusiness finance in Nigeria.
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Nigerian Breweries: Lower profit estimates on higher Opex; HOLD rating retained
Nigerian Breweries (NB) announced a 1.0% y/y decline in Net Revenue to N235.7 billion in 9M 2019 from N238.1 billion...
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Crude Oil: Nigeria’s volatile oil sector and economic progress
Nigeria is Africa's largest crude oil exporter and ranks among the top ten exporters in the world.
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Headline inflation jumps to 11.61% in October on border closure
Data from the NBS disclosed that Nigeria’s consumer inflation rose by 36bps to 11.61% y/y in October
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Curbing the menace of smuggling of petroleum products
Latest data released by NBS showed that importation of petrol declined by 11% to 1.46 billion litres in September from...
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The Chicago Boys of Nigeria
President Mohammed Buhari has announced a new economic team that will offer him economic advice on a timely basis.
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